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In expensive parts of the country, any mortgage rate savings can help spark buyer interest, said Tim Nguyen, a real estate agent in Santa Clara, Calif., where the median home lists for more than ...
Some specific housing markets are becoming even more attractive for buyers. The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie ...
As the new year kicked off, more buyers trickled into the housing market. According to Redfin, mortgage-purchase applications were up 3% compared to a month ago during the first week of January ...
First-time buyers struggle with housing market According to Bankrate’s Financial Security survey in 2023, 74 percent of U.S. adults consider homeownership an important part of the American dream.
The housing market is expected to get more expensive for consumers. Mortgage rates held steady around 3% for most of 2021. Starting in January, rates began to rise, peaking in June before starting ...
An NBC News analysis of Redfin data shows that, nationally, the available housing stock can meet 2.6 months of demand, given the current rate at which homes are leaving the market.
Pending home sales, a forward-looking measure on the housing market's health, gained momentum in February as some buyers picked up their purchase plans ahead of the spring — despite elevated rates.
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
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